of trade and other payables. - Net cash flows from the investing activities was 2.3 MB decreased by 0.4 MB when compare with Q2/2018 due to the decrease of fixed assets. - Net cash flows from financing

in the period. However, property, plant and equipment, and intangible assets increased as the company bought fixed assets and software to use in the operation during the period. Total Liabilities Total

period. However, property, plant and equipment, and intangible assets increased as the company bought fixed assets and software to use in the operation during the period. Total Liabilities Total

large portion of fixed costs. Some of which increased from the previous year, especially the labor cost and bonus with annual adjustments, and depreciation increasing slightly due to new machines

-sale investments decreased 106.78 Million Baht, finance lease receivables decreased 15.43 Million Baht, investment in associated companies decreased 27.06 Million Baht, fixed assets decreased 42.83

from the fixed cost control at the factory. Distribution Costs The company has the distribution costs in the second quarter in the amount of 197.2 million Baht or equal to 15.1 percent of revenue from

declined fixed cost per unit were another factors for gross margin improvement. Administrative Expenses In 1Q’18, administrative expenses increased by 35% yoy due to the increase of expenses namely

‐of‐date inventory, and make provision for aged inventory and depletion in the value of fixed assets, if material, each quarter. Inventory days were 80 days as at 31st March, 2018 and 77 days as at 31st

 inventory, and make provision for aged inventory and depletion in the value of fixed assets, if material, each quarter. Inventory days were 83 days as at 30th June, 2018 and 79 days as at 30th June, 2017

from fixed assets of 74.00 Million Baht, decline from depreciation charges of 76.36 Million Baht and selling intangible assets of 21.01 Million Baht, decline in Finance lease receivable of 18.65 Million